A loan of $2,450 helped a member to purchase grain for resale.

Siguidia Group's story

The Siguidia Group is made up of six married women who have an average age of 36 years and and average of four children. They all live in traditional families in Massablacoura, a district of the city of Bougouni.

They know one another through ties of vicinity, friendship and commerce. In order to improve their financial positions, and with the goal of improving their business, the group is collaborating with the microfinance institution Soro Yiriwaso and are currently on their sixth loan. This group of women are merchants of grain, sauces, etc.

Aminata, shown in the photo on the far right, is a grain merchant. With this loan, she intends to purchase 700 kilograms of fonio (a species of millet) and corn from wholesalers. Aminata sells her merchandise for cash and credit at the local market, in surrounding villages, and from her home to a clientele composed of men and women. She hopes to earn an average monthly income of 50,000 FCFA, which she will use to reinvest in her business and repay her loan.

In this group: Maimouna , Djeneba , Bebe , Safiatou, Fatoumata, Aminata

Translated from French by Kiva volunteer Jane Coe

Loan details

Lenders and lending teams

Loan details